Rain City Capital in Washington vs the state
28.8%Denial rate+13.14 pts vs state
28.8%Decision denial rate+9.25 pts vs state
71.2%Origination rate+10.15 pts vs state
10.50%Median rate+3.88 pts vs state
—Rate spread (pts)
$210kMedian applicant income
418Loans originated
169Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 517 | 354 | 0.0% | 11.00% | #89 |
| 2025 | 587 | 418 | 28.8% | 10.50% | #90 |
What Rain City Capital lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Rain City Capital applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King County | 31 | 27 | 4 | 12.9% |
| Snohomish County | 20 | 19 | 1 | 5.0% |
| Pierce County | 14 | 11 | 3 | 21.4% |
| Kitsap County | 8 | 7 | 1 | 12.5% |
| Clark County | 8 | 8 | 0 | 0.0% |
| Thurston County | 4 | 4 | 0 | 0.0% |
| Mason County | 3 | 2 | 1 | 33.3% |
| Skagit County | 3 | 2 | 1 | 33.3% |
| Cowlitz County | 2 | 1 | 1 | 50.0% |
| Grays Harbor County | 2 | 2 | 0 | 0.0% |
Other large lenders in Washington
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Boeing Employees Credit Union | B | 21,599 | 23.8% | 6.13% |
| Rocket Mortgage | C | 14,301 | 15.9% | 6.63% |
| United Shore Financial Services | B | 13,770 | 10.0% | 6.13% |
| Guild Mortgage | A | 8,056 | 3.4% | 6.63% |
| CMG Mortgage | A | 7,817 | 3.1% | 6.63% |
| Movement Mortgage | A | 7,472 | 3.6% | 6.63% |
| Bank of America | F | 6,986 | 27.0% | 5.99% |
| Crosscountry Mortgage | B | 6,903 | 3.1% | 6.63% |
| U.S. Bank | D | 6,568 | 27.6% | 6.63% |
| Newrez | D | 5,849 | 12.9% | 6.63% |
Frequently asked questions
Washington: 587 applications in 2025, of which 418 were originated and 169 denied.
28.8% of all applications, or 28.8% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Rain City Capital originated in Washington in 2025 was 10.50%, against a statewide median of 6.63%.
About this data. Figures are Rain City Capital's own HMDA filing for properties located in Washington, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology